How can price negotiation be used as a means for effective customer relationship
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Question
How can price negotiation be used as a means for effective customer relationship? Explain.
Summary
This question belongs to Marketing and it deals with price negotiations in developing customer relations. Price negotiation is very basic to most businesses. While most businesses would like to sell their products for a higher price and most customers would like to buy something for the least price applicable. So, price negotiations form one of the basic ways in which customer relation can be started. Good customer relations can result in long term loyalty and more profits. Get the rest of the details from the solution.
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